3850 NW 2nd Ave - Showroom CONDO FOR SALE


Boca Raton, FL 33431
$429,000 USD
561-464-5896
3850 NW 2nd Ave, Boca Raton, FL for Sale
$429,000 USD
Showroom CONDO - FOR SALE
1/17
null | Request Cap Rate

3850 NW 2nd Ave
Boca Raton, FL 33431


HIGHLIGHTS

  • Excellent opportunity to purchase an office/retail space in East Boca Raton on Boca Raton Boulevard
  • Property is impeccably maintained, with a clear policy ensuring that common areas remain free of trailers and construction equipment
  • The property features a newly landscaped area, a refreshed parking lot, and freshly painted buildings
  • Surrounded by a vibrant community of professionals, including contractors, doctors, engineers, car collectors, and more
  • New Roof Assessment of $17,000 is being paid by seller.

OVERVIEW

This is an excellent opportunity to acquire office or retail space in East Boca Raton, located on Boca Raton Blvd. The property is surrounded by a professional community, including contractors, doctors, engineers, and car collectors, creating a dynamic business environment. The space is well-maintained, with strict policies in place prohibiting trailers or construction equipment on the common property, ensuring a clean and orderly setting. Key features of the property include new front impact windows and doors, a five-foot attic space above the unit, and a bathroom within the premises. Recent upgrades include new landscaping, a revamped parking lot, and freshly painted buildings. A roof installation is scheduled for January 2025, with the cost fully covered by the owner. Each unit has separate electric and air conditioning systems, and 24/7 property surveillance cameras provide added security. The building is classified as C Commercial, offering 50 parking spaces across 1.65 acres (72,036 sq ft) of land, zoned as Boca Raton East AH. The property is a flexible office and warehouse space, with Unit #21 serving as an office space. Built in 1984, Unit #21 spans 1,080 sq ft, measuring approximately 20 feet wide by 54 feet long. Additionally, the Boca Raton Airport and I-95 entrance are just one mile away, providing excellent accessibility.

FOR SALE DETAILS

PRICE

$429,000 USD

PRICE/SF

$397 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Ketay Condos - Owner/User Opportunity

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

TOTAL BUILDING SIZE

12,852 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.65 AC

LAND SF

71,874 SF

ZONING

Commercial

APN/PARCEL ID

06-43-47-08-26-000-0020

ASK ABOUT THIS PROPERTY

Gary CousineauGary CousineauMore Info
561-464-5896

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Gary CousineauGary CousineauMore Info
561-464-5896

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.